How Profitable Will My New Orchard Investment Be? 1-day, hands-on skills class
Event Details
Date
February 7, 2023
Time
9am - 4pm
Location
Cornell Hudson Valley Lab
3357 US Highway 9W
Highland, NY 12528
Host
CCE-Eastern NY Commercial Horticulture Program & CCE-Lake Ontario Fruit Program
Event Registration
Hudson Valley Location
The Eastern NY Commercial Hort Team and the Lake Ontario Fruit Team are offering a 1-day, hands-on course at 5 locations in NYS in January and February for tree fruit farms on using farm financial information and other resources to make decisions about long-term investments or changes to their business. We will apply the techniques covered in the 8-part webinar series in December to scenarios using sample financial data from fruit farms in NYS. You will work with others in a group through a series of problems and leave with a better sense of how you can organize and interpret your own financial information to make better long-term investment decisions about your farm business. The class is scheduled from 9:00 to 4:00. The fee for the class is $25pp to cover the cost of lunch/break food ($20 if you register early). The remainder of the cost of the program is covered by a grant from NERME (Northeast Risk Management Education).
Topics to be covered will include:
- How to use your financial records to evaluate your farm's performance
- Using Excel for analysis
- How to develop enterprise budgets and use tools like cost allocation, sensitivity analysis, net present value and payback period to assess the viability of a long-term change.
Everyone will leave with a resource book and template excel forms.
If you missed the December sessions, they will be available on-line to review prior to the class.
Dates and Registration links:
- January 11, CCE Orleans County https://enych.cce.cornell.edu/event_preregistration_new.php?id=1704
- January 12, CCE Wayne County https://enych.cce.cornell.edu/event_preregistration_new.php?id=1715
- January 17, CCE Saratoga County https://enych.cce.cornell.edu/event_preregistration_new.php?id=1718
- February 7, HV Lab in Highland https://enych.cce.cornell.edu/event_preregistration_new.php?id=1716
- February 9, CCE Clinton County https://enych.cce.cornell.edu/event_preregistration_new.php?id=1717
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